Bulgarian businesses can apply for funding under two new tenders that aim to facilitate 1,425 MW of renewable energy generation capacity coupled with 350 MW of energy storage. Funding support is only offered for the storage component.
The Bulgarian Ministry of Energy has launched two renewables-plus-storage tenders to the tune of BGN 535 million ($298 million), accepting bids from companies in all sectors except agriculture, forestry, and fishery.
The procurement exercises, launched under Bulgaria’s National Plan for Recovery and Sustainability, aim to facilitate 1,425 MW of solar and wind generation capacity coupled with 350 MW of energy storage projects, said the ministry.
The first tender, with a total budget of BGN 107.6 million, will finance the construction of solar and wind projects and co-located energy storage facilities with installed capacities between 200 kW and 2 MW. The procedure seeks to…
